Is Overbuilding Threat Overblown?
Speaking at a forum in Chicago, Marcus & Millichap’s John Sebree weighs in on today’s complex market dynamics and how they affect multifamily investment prospects around the country.
Bozzuto Puts Northern VA Apartments on the Market
Bozzuto owns the property with the National Foundation for Affordable Housing Solutions and Transwestern’s Mid-Atlantic Multifamily Group is representing the joint venture.
Milhaus Starts Work on New Apartments in Kansas City
The 361-unit property will also include 7,500 square feet of ground-floor retail space. The company plans for occupancy in 2018.
Proffitt Dixon’s Nashville Property Ready for Renters
Named after a famed horse race, the community will feature 249 units in the Germantown neighborhood of the city, which has been gentrifying in recent years.
NHP Foundation Acquires DC Affordable Housing for $16M
Located in the gentrifying Brightwood section of Northwest Washington, D.C., Takoma Place consists of 105 units in seven buildings.
Economy Watch: Demand for Student Housing Stays Strong
Favorable demographic trends and an increase in the number of students pursing post-graduate degrees are spurring investor interest and demand for student housing product, according to a recent report from TH Real Estate.
Griffis Wins $82M for Downtown Denver Apartments
The 400-unit property is located in the North Union Station neighborhood.
Peak Campus to Manage New SC Student Housing
Valley Falls Apartments, a 288-bed community, will serve the students of the University of South Carolina Upstate.
Lightstone Obtains $85M for NYC Condo Project
The Bank of the Ozarks is funding the Upper East Side development.
Stiles, Grubb Launch Pre-Leasing at Raleigh Project
The JV’s 186-unit property features larger floorplans than most other local communities.